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    7111 N Austin Ave Niles, IL 60714

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    For Lease
    $12 SF/Yr ($1,671 /Mo)

    Flex space with office, warehouse, and shared loading docks.

    Property size:
    1,549 SF
    Lot size:
    2.25 Acres

    Property Features for 7111 N Austin Ave

    General Information

    Size
    1,549 SF
    Lot size
    2.25 Acres

    Source: Colliers | Chicago Rosemont Agent Jeff Harkensee

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Niles Flex Space Available

    This 1,549 square foot flex space includes 250 square feet of office area and a warehouse component. The warehouse features a 14-foot clear height. The property includes access to two shared common docks and shared parking, supplemented by street parking options. Flexible lease terms are available. The location offers convenient access to I-94 at Touhy Avenue and is within walking distance to a Pace Bus stop on Touhy Avenue. The property is suitable for industrial and warehouse uses.
    Location Intelligence

    Current Use by Public Records

    General Comfort Company General Contractor Nexus Talent Management Talent Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Dimensions Kosher Catering

    Location Insight

    • Map
    • Local Demand
    City
    Niles
    County
    Cook
    State
    Illinois
    Longitude
    -87.7698843
    Latitude
    42.0084842

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    FAQs

    What type of property is this?
    Flex space - Flex space with office, warehouse, and shared loading docks.
    Where is this flex space located?
    The property is located at 7111 N Austin Ave Niles, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Close proximity to I-94 at Touhy Avenue; - 1,549 SF including a **250 SF office**; - **14' clear height**
    (847) 698-8444
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7111 N Austin Ave Niles, IL 60714
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